Deferred Bonus Account definition

Deferred Bonus Account means the bookkeeping account established under Section 3.2 on behalf of a Participant, and includes any earnings credited thereon or losses charged thereto pursuant to Article IV.

Deferred Bonus Account means the bookkeeping account established under Section 6.04.

Deferred Bonus Account means, with respect to any Participant, the total amount of the Company's liability for payment of deferred compensation to the Participant under this Plan, including any accumulated Interest Equivalents and/or Dividend Equivalents.

Examples of Deferred Bonus Account in a sentence

• Such Deferred Bonus shall be credited to the Participant’s Deferred Bonus Account as of the first business day in January of the year that the Bonus otherwise would have been paid to the Participant in the absence of any deferral hereunder.

• Executive shall have no right to borrow money from his Deferred Bonus Account nor shall he be allowed to receive a distribution except as provided above.

• Any fractional Share Units shall also be credited to a Participant's Deferred Bonus Account.

• For purposes of determining the distributable amount, the Deferred Bonus Account shall be valued through the day prior to the day on which the Deferred Bonus Account is distributed, less any claim, debt, reimbursement, recoupment, or offset the Company may have against Executive.

• Interest shall be credited to the Deferred Bonus Account in accordance with Section 5, below.

More Definitions of Deferred Bonus Account

Deferred Bonus Account means the account described in Section 3.

Deferred Bonus Account means (i) the sum of all of a Participant’s Deferred Bonus Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of the Plan that relate to the Participant’s Deferred Bonus Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to the Plan that relate to his or her Deferred Bonus Account.

Deferred Bonus Account or “Account” means the separate account established for each Participant as described in Section 4.1.

Deferred Bonus Account means the account or accounting entry which signifies the total amount of Deferred Bonus for a particular fiscal year with respect to each Bonus Deferral Participant.

Deferred Bonus Account means the bookkeeping account established under Section 3.2 on behalf of a participant, and includes any investment return credited thereon pursuant to Section 3.3.

Deferred Bonus Account means the bookkeeping account established under Section 3.2 on behalf of a Participant, and includes any earnings credited thereon or losses charged thereto pursuant to Article V.

Deferred Bonus Account means a Participant’s Account.